New Delhi: Around one crore train passengers have opted for the rail insurance scheme, which was announced on September 1, within the first 30 days of its launch, IRCTC said.

"The optional insurance scheme has elicited an extremely favourable response from the rail passengers. In less than a month, the passenger-friendly measure has been opted for by around one crore passengers till September 29," IRCTC Chairman and Managing Director AK Manocha said.

The pioneering facility, which was announced in the Railway Budget 2016-17, allows a passenger to get an insurance cover of up to Rs 10 lakh on booking a train ticket online by paying just 92 paise.

The scheme offers travellers or their families compensation of up to Rs 10 lakh in the event of death or permanent total disability, Rs 7.5 lakh for permanent partial disability, up to Rs 2 lakh for hospitalisation expenses and Rs 10,000 for transportation of mortal remains in the event of death or injury from a place of a train accident or an untoward incident, including terrorist attack, dacoity, rioting, shootout or arson, as well as for short termination, diverted route and Vikalp trains.